US Senate Agriculture Committee advances crypto market structure bill

Lawmakers begin debating amendments to a sweeping digital asset market structure proposal as Congress looks to clarify oversight of crypto markets.

US lawmakers began a key markup session Thursday morning on a long-awaited crypto market structure bill, marking a pivotal step in Congress’ effort to establish clearer rules for digital asset markets.

The bill has been months in the making and follows sustained pressure from the crypto industry and some lawmakers to move beyond enforcement-led regulation.

Lawmakers voted on three amendments to the market structure bill, all of which failed along party lines.

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